As she prepares to take the top spot at The Hershey Co., Michele Buck has gathered an executive team charged with helping her boost growth and innovation at the candy maker.
The team consists of a new face, as well as some familiar faces who will be taking on new roles as of March 1, the same day Buck becomes CEO. Others are remaining in place.
The changes also involve a retirement and the hiring of someone to take over the role of Hershey’s chief growth officer, a post Buck once held.
The newcomer is Todd Tillemans, who will join Hershey on April 3 as its U.S. president. He will oversee Hershey’s core confection business and its expanding snacking portfolio, as well as the company’s sales and go-to-market teams.
He has spent the last 23 years with personal-care products giant Unilever, where he held a range of leadership positions in the U.S. and Europe. He served most recently as president of customer development in the U.S.
Steven Schiller, who leads Hershey in China and Asia, has been named president, international. He will continue to oversee the China and Asia markets but will assume responsibility for the Americas region, India, Europe, the Middle East and Africa.
Terry O’Day, who has been Hershey’s chief supply chain officer, will become a senior vice president and chief product supply and technology officer. He will continue to oversee the company’s supply chain organization but will add responsibility for Hershey’s productivity, information technology and enterprise connectivity initiatives.
Continuing in their current roles are:
- Patricia Little, senior vice president and CFO
- Leslie Turner, senior vice president, general counsel and secretary
- Kevin Walling, senior vice president and chief human resources officer
- Mike Wege, senior vice president and chief administrative officer
Stepping down is Waheed Zaman, Hershey’s chief knowledge and technology officer. He is retiring from the company as of March 31.
The chief growth officer, once found, will lead Hershey’s innovation, strategy, insights and analytics, research and development, mergers and acquisitions, The Hershey Experience and the marketing excellence function. The company has identified an external candidate who is expected to join this spring.
“These appointments reaffirm our commitment to creating opportunities for remarkable people to grow within the company and to attracting world-class talent from outside of Hershey,” Buck said in a statement. “On behalf of the board of directors and management, I would like to thank Waheed Zaman for his work over the past four years to advance our technology, data and analytics capabilities.”
Based in Derry Township, Hershey had sales of $7.44 billion in 2016, up from $7.39 billion in 2015 and $7.42 billion in 2014, according to filings with the U.S. Securities and Exchange Commission.
Net income came in at $720 million last year. That’s up from roughly $513 million in 2015 but still down from a peak of nearly $847 million in 2014.